Stevenson to resign after two decades as Pearson’s chairman

The New York Times

March 1st, 2005

The New York Times reports that Dennis Stevenson, chairman of Pearson Education’s parent company, is resigning as chairman of the board. Lord Stevenson’s resignation comes as the company is expected to report a 6 percent drop in revenues. His resignation might also be bad news for Pearson’s American CEO Marjorie Scardino, whom he has championed within the company. (Note: This site requires registration.)